Burkina Faso News News Burkina Faso » Economy: Can Niger, Mali and Burkina Faso maintain growth outside ECOWAS?
On 28 January, Burkina Faso, Mali and Niger jointly announced their withdrawal from the Economic Community of West African States (ECOWAS). They are expected to leave by January 2025. By closing the ...
News Burkina Faso » Economy: Burkina Faso to set up sovereign mining fund
The Government of Burkina Faso on Thursday adopted a decree establishing the Burkina Faso Sovereign Mining Investment Fund (FSMIB).
News Burkina Faso » Economy: Burkina Faso offers opportunities for Russian business in resource extraction, tourism
According to Apollinaire Joachimson Kyelem de Tambela, Burkina Faso is a country of strategic importance MOSCOW, October 8. /TASS/. Burkina Faso provides new opportunities for the development of ...
News Burkina Faso » Economy: Burkina Faso: IMF approves $104.89m disbursement
Burkina Faso could soon receive fresh financing from the International Monetary Fund (IMF) following an agreement reached with the authorities ...
News Burkina Faso » Economy: Burkina Faso grants mining lease to Russia’s Nordgold
The move signals deepening economic ties between Russia and Burkina Faso, as the junta that seized power in 2022 continues its pivot away from traditional Western allies.
News Burkina Faso » Economy: Burkina Faso tightens grip on $7 billion gold industry as foreign firms lose ground
Burkina Faso is rapidly tightening its grip on one of Africa’s most valuable industries as the military-led government pushes to reduce foreign dominance over the country’s gold sector. ・Burkina Faso ...
News Burkina Faso » Economy: Burkina Faso takes control of 6 of 15 gold mines as state expands ownership drive
Burkina Faso is tightening its grip on its gold sector as the military-led government pushes ahead with reforms that have placed six of the country’s 15 industrial gold mines under majority Burkinabe ...
News Burkina Faso » Economy: Burkina Faso promises to support Russian gold mining company Nordgold — envoy
"During the meeting, the Burkina Faso government’s recently passed changes to the mining code were discussed. It was noted that the amendments could negatively influence the economic viability of the ...
News Burkina Faso » Economy: Why ECOWAS lifted economic sanctions on Niger, Mali, Burkina Faso
Citing humanitarian considerations, the Economic Community of West African States (ECOWAS) yesterday resolved to lift some of the sanctions it had imposed on Niger, Mali and Guinea, following the ...
News Burkina Faso » Economy: Burkina Faso president-elect pledges to go beyond reviving economy
OUAGADOUGOU (Reuters) - Burkina Faso's president-elect, Roch Marc Kabore, promised on Tuesday to tackle "fundamental needs" such as sanitation and to revive an economy that has flagged since a popular ...
News Burkina Faso » Economy: Crisis in Burkina Faso: What you need to know and how you can help
Located in Africa's Sahel region, Burkina Faso is currently grappling with one of the world’s fastest growing displacement crises. Notably, it holds the fourth position on the IRC's 2024 Watchlist, an ...
News Burkina Faso » Economy: Burkina Faso president-elect says boosting economy is top priority
OUAGADOUGOU, Dec 1 (Reuters) - Burkina Faso's president elect Roch Marc Kabore said on Tuesday that reviving the economy will be a top priority when he takes office along with improving access to ...